12:22 PM EST - International Sovereign Energy Corp. : announced results for the first quarter ending March 31, 2008. Net Income for the quarter was $489,464 or $.04 per share as compared to $.01 per share for the 2007 first quarter. Cash flow from operations was $1,910,635 or $.14 per share as compared to $.08 per share in the 2007 first quarter. Revenue for the quarter was $3,977,498, an increase of 59% from the 2007 level of $2,517,612. International Sovereign Energy Corp.
shares T.ISR are trading up 15 cents at $1.11.
